Big Financial news today is

[cowboy43]

Amazon buys Whole Foods Grocery . How will this work ? They goin to mail you your grocery order?
Now we got mail order taters and maters. ( for city folk potatoes and tomatoes) :hide:

 

[M-5]

grocery store have been doing online orders for years , and in citys have delivery services. I would think It has more to do with people shopping at whole foods and buying a cell phone or odd and ends . No different than you can buy a tractor starter from walmart.com

 

[Rafter S]

Amazon buys Whole Foods Grocery . How will this work ? They goin to mail you your grocery order?
Now we got mail order taters and maters. ( for city folk potatoes and tomatoes) :hide:

Send it by drone.

 

[TexasBred]

grocery store have been doing online orders for years , and in citys have delivery services. I would think It has more to do with people shopping at whole foods and buying a cell phone or odd and ends . No different than you can buy a tractor starter from walmart.com

Sort of amusing. We are going back in time. We had grocery delivery 70 years ago (mom and pop grocery stores).

 

[backhoeboogie]

No different than you can buy a tractor starter from walmart.com

walmart ? Do they have their Christmas decorations out yet ?

 

[kenny thomas]

Kroger stock dropped 1/3 on the news. I lost over 110,000 in value of my stock so I'm not very happy with the news.

 

[Cross-7]

Kroger stock dropped 1/3 on the news. I lost over 110,000 in value of my stock so I'm not very happy with the news.

If I had a 110k to lose you bet I'd have a whole lot better story to tell on CT than that. Youd see me on the news in cuffs :lol:

 

[kenny thomas]

It sure messed up some retirement plans

 

[Son of Butch]

Kenny you'll be fine, as I'm sure you followed that diversity rule of thumb of never holding more than 10% of your
retirement savings in any one company... leaving you with 3.19 mil to still play with

 

[Brute 23]

Buy Dollar General to make up for it. People are predicting it is next on Amazon's hit list.

 

[kenny thomas]

Kenny you'll be fine, as I'm sure you followed that diversity rule of thumb of never holding more than 10% of your
retirement savings in any one company... leaving you with 3.19 mil to still play with

Actually had not figured this into the retirement until recently. It has over doubled in valve in the last 5 years so I guess I will hold it a while longer

 

[TexasBred]

It sure messed up some retirement plans

Surely you didn't sell. It will be back.

 

[kenny thomas]

Nope, didn't sell.